VK sells MY.GAMES

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VK announced the sale of the MY.GAMES service – the new owner will be the managing partner of LETA Capital Oleksandr Chachava. It is noted that VK will continue to develop its own game services under the VK Play brand.

VK announced the completion of the final stage of the search for a buyer of MY.GAMES. According to the results of this process, Oleksandr Chachava, the managing partner of LETA Capital, became the owner of 100% of the gaming direction. The agreement includes all assets of the MY.GAMES service, including studios and game products belonging to it.

The value of the deal is estimated at 642 million dollars. The VK press portal also reports that MY.GAMES co-founder Volodymyr Nikolsky will leave VK and continue to develop the game service.

Other events related to the holding are observed. So, on September 26, 2022, VK ​​confirmed the blocking of their applications in the AppStore (including the VKontakte social network, VK Play, the Mail.Ru Cloud, and others), and without an explanation from Apple.

The next day, the company said it would continue to develop and support its iOS ecosystem’s mobile apps even after they were blocked from the AppStore. As an alternative, it is suggested to use the mobile or desktop version of the site.

As Khabr writes, previously installed programs will continue to work. Their basic functionality will remain familiar and stable. At the same time, the developers warn that users may encounter difficulties in the operation of messages and payments in already installed VK services on iOS.

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